Qatar has lifted its temporary ban on the import of frozen seafood from India, a move which would help increase exports of the product, the commerce ministry said on Friday. The ban was imposed in November last year, just ahead of the FIFA World Cup following alleged detection of Vibrio cholera from a few consignments …
Union Ports, Shipping and Waterways (MoPSW) minister Sarbananda Sonowal on Monday met Minister of Transport of Qatar Jassim Saif Ahmed Al-Sulaiti and discussed ways to strengthen the bilateral maritime cooperation, according to an official statement. The statement said India-Qatar cooperation in diverse sectors has been steadily growing in an excellent framework led by historical close …
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India is expected to slash the import duty on gold to undercut smugglers who have been offering hefty discounts as illicit imports boom after COVID-19, denting the market share of banks and refiners, government and industry officials told Reuters. A cut in the import duty by the world’s second-biggest consumer could lift retail sales by …
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Nepal has sought approval from the Indian authorities to export 40-50MW of electricity to Bangladesh through India’s existing transmission infrastructure, says the Nepal Electricity Authority (NEA). In August last year, the two countries decided to request the southern neighbour to allow the export of 40-50MW of electricity from Nepal to Bangladesh in the initial phase …
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Indian tea industry’s export prospect is bright, as a whole and to G20 nations in particular, amid the uncertainties arising out of the non-placement of fresh contracts from Iran, and doubts over the quality and quantity of the crisis-hit Sri Lankan crop, stakeholders said on Monday. India exported 134.14 million kg of tea in the …
TBI Chairman Says, India’s tea export prospect to G20 nations bright Read More »
India’s agrochemicals sector will grow at 15-17% in FY23, primarily driven by strong exports and stable domestic demand, according to a report from research firm Crisil. The sector registered a 23% rise in the fiscal year ended 2022. According to Crisil, in FY24 too, the industry revenue will see an expansion – of 10-12% – …
The Nepal government has said that it would not import medicines manufactured by 16 Indian companies, including Patanjali’s Divya Pharmacy, Zydus Lifesciences, for failing to keep up with the World Health Organization’s (WHO) good manufacturing practices. The move comes after the WHO issued an alert on Indian-made cough syrups, which were allegedly responsible for the …
India has lifted the ban it had enforced on export of wheat to Nepal some five months ago. On Thursday, India issued a permission to import 50,000 tons of wheat. Traders say the import of the wheat was, however, continuing in a clandestine way. Arguing that there was a sudden spike in the price of …
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Union minister of Commerce and Industry Piyush Goyal and his Bangladeshi counterpart Tipu Munshi discussed the settlement of trade in Indian rupees in New Delhi on Thursday. The two countries will also likely develop a free trade agreement (FTA) soon. “A joint feasibility study on a Comprehensive Economic Partnership Agreement (CEPA) has been carried out after the …
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Coal India Ltd (CIL) has imported approximately 3.58 lakh tonne of coal from Indonesia, the Parliament was informed on Monday. “Approximately 3.58 lakh tonne of coal has been imported by Coal India Limited (CIL) from Indonesia through the vendor namely M/s GHV-BDE-DIL (JV) during this year on behalf of Thermal Power Plants (TPPs) of State …
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